OC Housing Report
A Holiday PlungeHousing is about to shift to the Holiday Market when both the supply of available homes and purchase demand falls to their lowest…
Author: Tim Morissette
Foothill Ranch Market Update ~ November 2023
The overview below shows real estate activity from January 2023 to October 2023. You will see data comparisons between October and the previous month, the…
OC Housing Report
Is the Price Right?For sellers who initially do not price their homes carefully and must reduce down the road, they likely will net less upon closing. To walk…
OC Housing Report
Sluggish, Yet No Slide AheadWith sky-high rates and a collapse in home affordability, many wrongly conclude that there will be a wave of foreclosures and it is…
OC Housing Report
A Modest DecelerationAs rates have edged higher and higher this year, the housing market has been slowing down from its insane pace, and now homes are taking…
Mortgage Watch Report
Mortgage Rates saw a sharp decline since October 25th. Rates started rising again on Wednesday 11-8-23Why? There are not enough buyers to support the issuance…
Home Seller’s Seminar
Join the Tim Morissette Real Estate Group on November 14th from 6-7:30pm or November 18th from 10-11:30am for our Seller's Seminar! DISCUSSION TOPICSReal Estate Trends: Is…
OC Housing Report
Rates Rise, Values SlipAs rates surge higher and affordability diminishes even more, smaller changes in market times shift the market in the buyer’s favor. An Expected Market Time…
OC Housing Report
Challenges of Supply SituationThe inventory was falling from year to year before the pandemic, but levels have grown more acute post-COVID with a lack of forced selling…
OC Housing Report
Lower Ranges Fading AwayThe lower, entry-level price ranges have been slowly disappearing with far fewer closed sales and homeowners choosing not to sell their homes. There…